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SI =[PRT]/100 Interest = $15.62 Principal = $31 Time = 8 15.62 =[31 x R x 8]/100 15.62 x 100 = [31 x 8 x R] [15.62 x 100] / [31 x 8] = R 1562/248 = R 6.298 = R To the tenth 6.3 = R Check [31 x 6.3 x 8]/100 = 15.62
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